ASB News: UPDATE 1-Australia's Austal secures $3.3 bln contract from U.S. Coast Guard - 1st Jul 2022, 10:18am

annb0t

Top 20
(Adds details of contract)

July 1 (Reuters) - Australia's Austal Ltd said on Friday it secured a $3.3 billion contract to design and construct 11 offshore patrol cutters (OPC) for the United States Coast Guard.

The shipbuilder now expects its fiscal 2022 operating income to be higher than previously forecast A$107 million ($73.81 million) as a result of the contract.

The construction of the OPC will commence in 2023 at the company's new $100 million steel shipbuilding facility in Mobile, Alab...

>>> Read more: UPDATE 1-Australia's Austal secures $3.3 bln contract from U.S. Coast Guard
 
Top Bottom